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PH eyes top 3rd in global competitiveness ranking

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The Makati central business district. Optimism on the prospects of the Philippine economy is at its highest level in recent history, thus giving the country arguably the best investment climate in Asia, according to a study made recently by London-based Economist Corporate Network.  INQUIRER FILE PHOTO

The Philippines is expected to significantly surpass its target of moving up to the top third of global competitiveness ranking surveys by the end of the Aquino administration, on the back of the critical reforms implemented to improve infrastructure and ease of doing business in the country.

Posted: December 24th, 2013 in Latest Business Stories | Read More »

Gov’t starts monitoring quality, prices of products for Christmas holidays

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ONE businessman sold more than 10,000 lanterns just two weeks before Christmas, higher by 2,000 pieces from his 2010 sales.

The government on Tuesday started its “heightened” monitoring quality and prices of products for the holidays like Christmas lights and Noche Buena items beginning with populated malls and establishments in Divisoria, Manila.

Posted: November 5th, 2013 in Latest Business Stories | Read More »

Prices to stabilize soon, say officials

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Trade Secretary Gregory L. Domingo. Photo from dti.gov.ph

Increases in the prices of basic commodities like rice, fish and vegetables are only “temporary” and are expected to normalize soon, government agencies said on Saturday.

Posted: August 25th, 2013 in Latest Business Stories | Read More »

On investing in work and reputation

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THE DOMINGO family at home

Trade Sec. Gregory L. Domingo has a ready smile, great for cheering investors that the Philippines wants to attract. Yet behind the positive outlook is the drive for results that has kept this foodie at work and away from the home kitchen for years.

Posted: January 19th, 2013 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Biz Buzz: The Greg Domingo ‘shakedown’

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Apparently, Trade and Industry Secretary Gregory Domingo has been doing the rounds “shaking down” businessmen these last few weeks.

Posted: December 7th, 2011 in Headlines | Read More »

Vital gov’t investment plan finally reaches Palace

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After months of consultations and review, the 2011 Investment Priorities Plan (IPP) has finally reached Malacañang and is now awaiting President Aquino’s signature. In a roundtable discussion with the Inquirer Wednesday evening, Trade Secretary Gregory Domingo said that he had already signed the 2011 IPP, which his office then transmitted to the Palace this week. [...]

Posted: July 1st, 2011 in Headlines | Read More »

Trade agency to use Otop program for tourism

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The Department of Trade and Industry is planning to integrate its One Town, One Product (Otop) program with the country’s overall plan to boost tourism by using these products as come-ons to prospective tourists. Trade Secretary Gregory Domingo said the idea was to make products under the Otop program available in various tourism-related establishments. “We [...]

Posted: June 12th, 2011 in Headlines | Read More »

DTI seeks revival of funding for exporters

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The Department of Trade and Industry will try to get Congress and the Department of Budget and Management to provide a fund to help exporters who are struggling to compete on the world stage. In an interview Thursday, Trade Secretary Gregory Domingo said the revival of the export support fund (ESF), which was put in [...]

Posted: June 10th, 2011 in Headlines | Read More »

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